Crompton Greaves Consumer Electricals Ltd. · NSE:CROMPTON
Crompton Greaves Consumer Electricals — Q4 FY21 Earnings Presentation
23 slides from Crompton Greaves Consumer Electricals's earnings presentation, May 21, 2021
Slide 1: Cover letter to BSE and NSE: Highlights of Q4 FY 2020-21
Crompton Greaves Consumer Electricals Limited Registered & Corporate Office: Tower 3, 1st Floor, East Wing, Equinox Business Park, LBS Marg, Kurla (West), Mumbai - 400 070.India T: +91 22 6167 8499 F: +91 22 6167 8383 W: www.crompton.co.in CIN: L31900MH2015PLC262254 Date: May 21, 2021 To, To, BSE Li
Slide 2: Information Update – Q4/FY FY21 (Consolidated)
Information Update – Q4/FY FY21 (Consolidated) May 2021
Slide 3: Table of Contents
Table of Contents ▪ Quarterly Update ▪ Current Scenario Update ▪ Key Highlights – Q4 FY 21 ▪ Summary of Q4 Results ▪ Segment Details ▪ Cash Flow highlights ▪ Cash / (Debt) ▪ Key Financial Ratios
Slide 4: Quarterly Update
Quarterly Update • Health and safety of our employees continues to be of utmost importance to the company. • Several macro economic indicators (e.g., GST collections, market liquidity etc.) have reflected a strong recovery for the Indian economy in Q4. • Sales operations (dealers, distributors and r
Slide 5: Current Scenario Update
Current Scenario Update • Country has been hit by fiercer Covid wave and so is the Crompton family. The infection count amongst employees in this wave has been higher as compared to previous one. • To counter the surge, we have implemented WFH policy across all offices, collaborated with hospitals &
Slide 6: Key Highlights – Q4
Key Highlights – Q4 ▪ ECD Performance o Strong performance by Fans with a growth of 59% in Q4 [Jan & Feb 29%] driven by premium fans. o Appliance business continues exponential growth of 74% [Jan & Feb 40%] driven by core categories - Air Cooler, Mixer Grinder & Geysers o Pump business grew by 61% [
Slide 7: Summary of Q4 Results
Summary of Q4 Results Q4 FY21 Q4 FY20 Q3 FY21 Particulars GoLY Rs. Cr Rs. Cr Rs. Cr Net Sales 1,522 1,026 48.3% 1,348 • Commodity cost headwind impacted Less: Material Cost 1,053 701 50.1% 916 YoY and QoQ performance Material Margin 470 325 44.5% 433 S as a % of Net Sales 30.8% 31.7% -0.814% 32.1% L
Slide 8: Segment Details
Segment Details Segment Revenue Q4 FY21 Q4 FY20 Q3 FY21 Particulars GoLY Rs. Cr Rs. Cr Rs. Cr Electrical Consumer Durables 1,193 741 61% 1,036 Lighting Products 329 285 15% 312 Total Income from Operation 1,522 1,026 48% 1,348 Segment EBIT Q4 FY21 Q4 FY20 Q3 FY21 Particulars Rs. Cr EBIT % Rs. Cr EBI
Slide 9: Cash Flow Highlights
Cash Flow Highlights Particulars FY21 FY20 Rs Cr. Rs Cr. Profit before exceptional items and tax 724 591 Adjustments for: Depreciation 30 27 Interest and other adjustments -10 10 • Focused initiatives has helped us to (Increase) / Decrease in Working Capital 145 -72 improve WC Cycle. Cash from Opera
Slide 10: Cash / (Debt)
Cash / (Debt) As on Mar 21 As on Mar 20 As on Dec 20 Particulars Rs. Crs Rs. Crs Rs. Crs Cash and Cash Equivalent 579 24 443 Other Bank Balances 25 24 24 Current Investment 770 541 818 Less: Total Debt* 479 350 479 Net Cash / (Debt) 895 239 807 Net Debt/Equity NA NA NA Net Debt/EBIDTA (Annualised) N
Slide 11: Key Financial Ratios
Key Financial Ratios EBIDTA Margins PBT Margins 15.0% 15.2% 13.8% 13.3% Q4 FY20 Q4 FY21 Q4 FY20 Q4 FY21 Q4 FY20 Q4 FY21 RoCE RoE 65.3% 33.8% 31.9% 45.9% FY20 FY21 FY20 FY21
Slide 12: Thank You
Thank You
Slide 13: Information Update – Q4/FY FY21 (Consolidated)
Information Update – Q4/FY FY21 (Consolidated) May 2021
Slide 14: Table of Contents
Table of Contents ▪ Quarterly Update ▪ Current Scenario Update ▪ Key Highlights – Q4 FY 21 ▪ Summary of Q4 Results ▪ Segment Details ▪ Cash Flow highlights ▪ Cash / (Debt) ▪ Key Financial Ratios
Slide 15: Quarterly Update
Quarterly Update • Health and safety of our employees continues to be of utmost importance to the company. • Several macro economic indicators (e.g., GST collections, market liquidity etc.) have reflected a strong recovery for the Indian economy in Q4. • Sales operations (dealers, distributors and r
Slide 16: Current Scenario Update
Current Scenario Update • Country has been hit by fiercer Covid wave and so is the Crompton family. The infection count amongst employees in this wave has been higher as compared to previous one. • To counter the surge, we have implemented WFH policy across all offices, collaborated with hospitals &
Slide 17: Key Highlights – Q4
Key Highlights – Q4 ▪ ECD Performance o Strong performance by Fans with a growth of 59% in Q4 [Jan & Feb 29%] driven by premium fans. o Appliance business continues exponential growth of 74% [Jan & Feb 40%] driven by core categories - Air Cooler, Mixer Grinder & Geysers o Pump business grew by 61% [
Slide 18: Summary of Q4 Results
Summary of Q4 Results Q4 FY21 Q4 FY20 Q3 FY21 Particulars GoLY Rs. Cr Rs. Cr Rs. Cr Net Sales 1,522 1,026 48.3% 1,348 • Commodity cost headwind impacted Less: Material Cost 1,053 701 50.1% 916 YoY and QoQ performance Material Margin 470 325 44.5% 433 S as a % of Net Sales 30.8% 31.7% -0.814% 32.1% L
Slide 19: Segment Details
Segment Details Segment Revenue Q4 FY21 Q4 FY20 Q3 FY21 Particulars GoLY Rs. Cr Rs. Cr Rs. Cr Electrical Consumer Durables 1,193 741 61% 1,036 Lighting Products 329 285 15% 312 Total Income from Operation 1,522 1,026 48% 1,348 Segment EBIT Q4 FY21 Q4 FY20 Q3 FY21 Particulars Rs. Cr EBIT % Rs. Cr EBI
Slide 20: Cash Flow Highlights
Cash Flow Highlights Particulars FY21 FY20 Rs Cr. Rs Cr. Profit before exceptional items and tax 724 591 Adjustments for: Depreciation 30 27 Interest and other adjustments -10 10 • Focused initiatives has helped us to (Increase) / Decrease in Working Capital 145 -72 improve WC Cycle. Cash from Opera
Slide 21: Cash / (Debt)
Cash / (Debt) As on Mar 21 As on Mar 20 As on Dec 20 Particulars Rs. Crs Rs. Crs Rs. Crs Cash and Cash Equivalent 579 24 443 Other Bank Balances 25 24 24 Current Investment 770 541 818 Less: Total Debt* 479 350 479 Net Cash / (Debt) 895 239 807 Net Debt/Equity NA NA NA Net Debt/EBIDTA (Annualised) N
Slide 22: Key Financial Ratios
Key Financial Ratios EBIDTA Margins PBT Margins 15.0% 15.2% 13.8% 13.3% Q4 FY20 Q4 FY21 Q4 FY20 Q4 FY21 Q4 FY20 Q4 FY21 RoCE RoE 65.3% 33.8% 31.9% 45.9% FY20 FY21 FY20 FY21
Slide 23: Thank You
Thank You
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